As the real wage rate increases, the A) quantity of labor ...

[rlane42]

As the real wage rate increases, the
 
  A) quantity of labor supplied increases.
  B) supply of labor curve shifts rightward.
  C) supply of labor curve shifts leftward.
  D) quantity of labor supplied increases and the supply of labor shifts rightward.

Question 2

The study of economics
 
  A) focuses mainly on individual consumers.
  B) arises from the fact that our wants exceed available resources.
  C) recognizes that scarcity does not affect rich nations.
  D) deals mainly with microeconomics.

[tanna.moeller]

Answer to Question 1

A

Answer to Question 2

B